Did you know there is a credit bureau fo...
Central Credit LLC is a Los Vegas based credit bureau that compiles information on Gamblers to Creditor’s making decisions about approving credit extensions. This bureau recently came under scrutiny and is now being sued for practices against the Federal Trade Commission Act and the Fair Credit Reporting Act. The CC LLC “allegedly” failed to provide to users of its...Do Authorized Users Suffer Consequences ...
The answer is yes and no: If you are an authorized user on a credit card (you are not the primary but carry a card issued to you with permission) it can still hurt your scores. When a new late payment occurs on a credit card both the Primary and the Authorized credit card holder will both see a drastic decrease in score. Just because you are not the primary does not mean you are...Equifax reveals a new advertisement for ...
The laws for personal credit and busines...
When it comes to personal credit the laws are intricate and cumbersome. There are enormous amounts of rules and regulations for consumers, creditor’s, and credit reporting agencies. On the other hand, business credit is pretty much the complete opposite. For personal credit the FCRA compiles all the information needed to understand, or try to decipher, all of...How long does it take to build credit...
Building credit takes at least 1-2 years unless you get authorized credit cards through another individual. Having a relative, friend, or spouse put you onto their account as an authorized user is one way to get instant credit. The older the credit the better it is for the credit score. Make sure if you do decide to take this avenue that the account you become a part of is as...Foreigners credit and similar names...
Online Fico Scores...
What to know when ordering your credit r...
A snapshot of your credit!...
What is a Rapid Rescore?...
